Monthly Archives: <span>March 2019</span>

Texas Insurer Group, State Farm Begin North Texas ‘Storm Tour’

Severe storms in Texas last week caused an estimated $30 million in damage and generated some 6,000 wind-related insurance claims, according to the Insurance Council of Texas, which joins State Farm Insurance in conducting a “storm tour” of North and …

Confirmed Tornado Damaged Homes, Businesses in Mid-Michigan

Authorities say a tornado swept through mid-Michigan, damaging homes and knocking out power to thousands. The National Weather Service confirmed that a tornado touched down at 7:03 p.m. Thursday around the Shiawassee County community of Vernon, about 21 miles (34 …

Report: Texas Hospital Knew Elevator Needed Upgrade Before Malfunction

Officials knew a Forth Worth hospital elevator was in need of upgrades two years before a nurse was crushed and seriously injured when the elevator continued to rise as she tried to step inside, a maintenance audit shows. A report …

Insured Property Loss for Northern Australia Floods Estimated at A$957M: PERILS

Initial insured property losses for floods that recently affected northern Queensland, Australia, and in particular the city of Townsville, are estimated at A$957 million, according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. The Townsville floods …

Midwest Flooding Prompts Evacuations, Rescues

Authorities used boats and large vehicles on Saturday to rescue and evacuate residents in parts of the Midwest where a recent deluge of rainwater and snowmelt was sent pouring over frozen ground, overwhelming creeks and rivers, and killing at least …

USG Promotes Berger to Regional Manager in Texas

USG Insurance Services Inc., a national wholesaler and managing general agent (MGA), has promoted Jodi Berger to regional manager, based in Arlington, Texas. Berger joined USG in 2002 as a senior underwriter and was promoted to branch manager of the …

Monfre Joins Wisconsin’s Integrity Insurance as Business Development Manager

Integrity Insurance, a property/casualty insurance carrier headquartered in Appleton, Wisconsin, has added Becky Monfre as business development manager. In this new position for Integrity, Monfre is responsible driving growth and visibility, in addition to managing a territory in Wisconsin. Monfre …

Government Overhaul of National Flood Insurance Cheered by Climate Resilience Experts

Climate advocates say an overhaul of the nation’s flood insurance program being unveiled by the Trump administration will spur communities around the country to better plan for extreme weather, but could drive up costs for some homeowners. The changes being …

U.S. Fintech Firm to Buy Worldpay for $35B in Biggest Ever Digital Payments Deal

Fidelity National Information Services Inc. (FIS) agreed to buy Worldpay for about $35 billion on Monday, with the U.S. financial services provider striking the biggest deal to date in the fast-growing electronic payments industry. The financial technology sector is consolidating …

Utah Abortion Doctor Files Defamation Suit Against Conservative Media Sites

A well-known abortion rights activist from Utah has filed a lawsuit against three conservative media publications for defamation, says that online stories spread misinformation that she cut the throats of fetuses during abortions. Dr. Leah Torres, a former Salt Lake …